Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
VIC › Castlemaine › Burnett Rd
$2,020,000
Last sold
25 Mar 2026
4
Bedrooms
1
Bathrooms
2
Car spaces
8,985 m²
Land
235 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,020,000
25 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Castlemaine (last 5 years) with land size have a median of $992/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Vs Castlemaine
+174.8%
Median sale
Suburb $735,000
-2.19 pp
Gross yield
Suburb 3.45%
Suburb median $735,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $488/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonSteeped in history and refined elegance, Forest Hall is a magnificent Regency-style brick homestead (circa 1867) set amid glorious, established gardens on approximately 8985m² (2.22 acres)-just 400 metres from the north entrance of Castlemaine's celebrated Botanical Gardens.
Held by the same family for half a century, this is a once-in-a-generation opportunity to secure one of Castlemaine's landmark heritage estates.
Originally built as the residence of William Froome, proprietor of a renowned 19th-century drapery emporium, the home displays grand proportions, fine craftsmanship and an atmosphere of timeless serenity.
Key Features
8 main rooms with exceptional scale
3 or 4 bedrooms with enchanting garden views
Grand central hallway flowing onto wide flagstone-paved verandahs
Soaring ceilings, tall sash windows & multiple fireplaces.
Hydronic heating throughout.
Original joinery & refined period detailing throughout
Detached brick stables with charming upstairs room - ideal as studio, retreat or creative workspace
2.22 acres (8985m²) of beautifully established gardens
A Residence of rare grace
Wraparound verandahs encircle the home, offering peaceful vantage points over the surrounding greenery. Every room enjoys leafy outlooks, elevating the sense of calm and connection to the landscape.
The historic brick stables-with its atmospheric upstairs room-introduce versatility and character, providing scope for guest accommodation, artistic pursuits or private retreat.
Glorious grounds
The private gardens are an enduring delight, with:
Parterre plantings and shade house
Meandering paths and manicured hedging
A distinguished Tait iron arbour
Together, they create a richly textured garden sanctuary of seasonal colour and structure.
A once-in-a-generation offering
Forest Hall stands as a property of exceptional heritage and presence-offered for the first time in 50 years and presenting an extraordinary opportunity to secure a historic homestead in one of Castlemaine's most picturesque and tightly held settings.
Listing description written by Narelle Waller, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.